Both output and sales values of the industry will still rise in 2019 from a year earlier. However, firms have difficulty increasing the product prices. Consequently, both values will rise by less than 1 percent.

The downward trend in the prices of panels will continue into the first half of 2019, auguring well for production costs. At the same time, the global shipments of televisions will rise slightly. However, economic uncertainties and the slowing global economy have far-reaching impact on the demand for televisions.

China and India actively expand into the development of active pharmaceutical ingredients, suggesting the global competition is expected to be fierce. As a result, Taiwanese firms aggressively unveil new products, plants and strategic alliances to boost the operating performances.

Owing to a decline in overseas orders in 2019, the downward trend in both values of output and sales of the industry will still continue. However, the pace of the decline is expected to ease thanks to an increase in procurement domestically.

Due to strong demand for equipment from newly built and under construction fabs and panel makers in China, China will still be the most important export market for Taiwan’s electronics and semiconductor machinery and equipment manufacturing industry in 2019 .

The woven fabric industry will continue to enjoy the highest proportion of sales value in the textile mills industry in 2019. However, due to the continuous relocation of production lines of the industry to Southeast Asia, sales value is expected to be slightly lower in 2019 than in the previous year.